Genting Malaysia Berhad (OTCMKTS:GMALF) Sees Significant Drop in Short Interest

Genting Malaysia Berhad (OTCMKTS:GMALF – Get Free Report) saw a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 1 shares, a decline of 99.9% from the September 15th total of 901 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Genting Malaysia Berhad Price Performance

Shares of Genting Malaysia Berhad stock remained flat at $0.38 on Friday. The firm has a 50-day moving average of $0.45 and a 200 day moving average of $0.48. Genting Malaysia Berhad has a one year low of $0.38 and a one year high of $0.59.

Genting Malaysia Berhad Company Profile

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Genting Malaysia Berhad is a leisure and hospitality company that operates integrated resorts, casinos, hotels, entertainment venues and related tourism businesses. It is a subsidiary of Genting Berhad and is best known for Resorts World Genting in Malaysia, a mountain resort that features gaming facilities, hotels, theme parks, dining, shopping and convention services.

The company also operates or has operated hospitality and gaming businesses in selected international markets, including the United Kingdom and the United States.

Further Reading

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